Founded in 2008, I@D is a digital platform for real estate intermediation, which provides trainings and operational support required for the sale of residential properties to a network of independent, self-employed real estate consultants working from home and on the field. I@D has become in 10 years the first French network of real estate intermediaries without brickand-mortar agencies. In 2017, its network of more than 5,500 consultants completed 20,000 transactions.

Located in Lieusaint (France), the Group has developed its activities in Portugal (2015), but also in Spain and Italy at the beginning of 2018.

Founded in 2001, Labelium has rapidly established itself as a leading player in the digital marketing sector. In an ever-changing market, the company has become a trusted partner to numerous multinational groups (such as L'Oréal, LVMH, Carrefour, Sephora, SFR and Decathlon), supporting them in the development of their online strategies across all available platforms and media (SEO, SEA, YouTube, social media, RTB, video, etc.).

Labelium, which is headquartered in Paris, currently operates worldwide through 16 offices located in Europe, the United States, Mexico, Brazil and Australia. It employs some 200 consultants.

Chairman: Stéphane Levy

Nature of the deal: Unitranche

Date of investment: February 2018

EOS CORRUGATED

Production of technical consumables mainly for the corrugated cardboard industry

EOS Corrugated is one of the world leaders in the production of technical consumables mainly for the corrugated cardboard industry.

Founded in 2013, following Rodicut’s acquisition of Bricq (formerly Voith Paper), EOS Corrugated is one of the world leaders in the production of technical consumables (polyurethane anvil covers, rotatory cutting dies, corrugated belts, and more), mainly for the corrugated cardboard industry. The group, which has 120 staff and a turnover of more than €20m, enjoys international exposure with a presence in over 70 countries.

Chairman: Philippe Coste Ramirez

Nature of the deal: LBO

Date of investment: February 2018

ALPHITAN

European specialist in the maintenance of electrical and electronic systems for industrial processes

February 2018

Sales:
€
33 M

In Portfolio

Capzanine 4 Flex Equity

https://www.alphitan.com/
European specialist in the maintenance of electrical and electronic systems for industrial processes

2017 sales 33 M

LBO February 2018

Alphitan is the European specialist in the maintenance of electronic components and motorisation equipments used in industrial processes. Operating in numerous sectors (automobile, food processing, metallurgy, and more), Alphitan has a reputation for technical expertise that has led to its involvement in cutting-edge technologies (robotics, microelectronics and railway) and enabled it to develop close ties with the biggest manufacturers.

Based in Bordeaux, the group which employs 270 people and boasts sales of over €30m, benefits from a strong international presence and in particular an office in China (opened in 2015), a major development for the group given the country’s growth in the field of robotics.

Recommerce Group, a key player in the circular economy and pioneer of smartphone reconditioning, was founded in 2009. It anticipates 30% market growth potential in the coming years, and rapid expansion in 2018 with revenues of over €50m. Operating around the world, Recommerce works with the largest European retailers and with carriers in France, Switzerland and Spain. It has a team of 70 people.

Founded in 1988 in Asturias, Spain, MBA is the leading distributor of orthopaedic implants and complementary products in Spain and Portugal under the MBA and Bioser brands. The company differentiates from competition by its wide and innovative range of products, its qualified and specialized sales team, and its surgeons focused strategy. MBA has also the widest capillarity of the market in Iberia and Italy thanks to its network of local offices.

Monviso is an Italian manufacturer of crackers, bread substitutes and sweet and savory biscuits. The company has 130 employees in 4 facilities in Northern Italy and more than one third of its sales come from exports. The resilience and profitability of the company are based on the strength of the Monviso brand in Northern Italy, positioned at the high-end range for quality-healthy products, its know-how in gluten-free, palm oil-free, lactose free, etc. and its complementarity with Tonon (product, distribution channels, geographies) acquired in 2015.

Chairman: Manfredi Cusmano

Nature of the deal: mezzanine debt

Date of the first investment: January 2018

CBE GROUP

The worldwide leader in the production of moulds and automated plants for tunnel segments

Founded in 1987 in the Tours region, CBE is a French manufacturer of moulds for the production of tunnel segments, which are pre-cast concrete components vital to the construction of large-diameter water supply and transport tunnels dug by tunnel boring machines. The company has diversified into supplying end-to-end segment and large concrete component pre-cast plants, and into vacuum lifting and handling equipment. The CBE group, which employs 250 people, has a strong international presence, especially in China where the group has been operating since setting up a subsidiary there in 2009.

Marle is a CMO (Contract Manufacturing Organization), specialized in the production of orthopaedic implants, mainly hips and knees , and to a lesser extent, shoulders, ankles, elbows and spinal implants. The group also produces medical instruments.

Chairman: Antonio Gil

Nature of the deal: Unitranche

Date of investment: July 2017

Established in 1964, Marle is among the top three players in the world (largest European player) in hip prostheses and 11% in knee prostheses manufacturing. Marle is headquartered in Nogent and owns 6 production sites in France and 1 in Switzerland. It has the capacity to supply small quantities of a large number of stock references.

Founded in 1991, MCA is a service provider in the field of engineering and high-tech consulting. MCA provides intellectual engineering services through R&D projects for major clients in the automotive, energy, aerospace, and biology sectors (Renault, Valeo, Engie, Safran, etc.), and employs close to 1,000 people. The group began expanding internationally in 2012 and is now present in France, Belgium, Germany, the Netherlands, Sweden, Spain and Italy.

Elivie (ex IPS) is a provider of home healthcare services, specialising in medical equipment that is specific to respiratory illnesses, insulin therapy and perfusion.With a diversified base of 9,000 prescribers and a network of some 60 agencies and distributed throughout the country, Elivie has established itself as the 3rd player in the hospitalization market in home.

In’Tech Medical develops and manufactures orthopedic surgical instruments, used by surgeons in order to implement implants inside the patient’s body. The products are spread between spine instruments, knee instruments, shoulder instruments and other products.

Chairman: Laurent Pruvost

Nature of the deal: Unitranche

Date of investment: July 2017

Headquartered in Pas-de-Calais, with subsidiaries in Toulon, the USA and Malaysia, In’Tech Medical was established in 1999 as a carve-out from Medtronics. The group employs c. 500 persons.

In’Tech’s main end markets are the US and France, even though the instruments are then re-exported all over the world by In’Tech’s clients who serve a worldwide population of surgeons. In’Tech is an ‘Approved supplier’ for all the main OEMs (Medtronic, Depuy, Stryker, Zimmer Biomet, Nuvasive) and the first supplier of most of the main players (Stryker Spine, Zimmer Biomet Spine, Nuvasive).

Nexeya is a French specialist of electronical engineering. It designs and manufactures value added electronical systems and sub-systems (power convertors, tests benches for planes…) for “critical” applications (for which the failure rate should not exceed 10-9) in various industries (aeronautics, spatial, energy…). Thanks to a strong track-record and long term relationships with the main actors of the market, Nexeya has developed strong know-how and expertise on very technical and specific products.

Chairman: Jean-Yves Rivière

Nature of the deal: Unitranche

Date of investment: July 2017

The Group runs 3 manufacturing sites in France and 2 abroad (Canada and Germany) and distributes its products globally.
Founded in 1997, the Group employs more than 950 people.